Analysts Ratings Update for Canadian Markets
Air Canada (AC:CA) – BMO Capital Markets has downgraded its target to CAD 31, with a Hold rating.
ATCO Ltd (ACO-X:CA) – CIBC World Markets has an Outperform rating with a target of CAD 47.
ATCO Ltd (ACO-X:CA) – National Bank Financial has given it a Sector Perform rating with a target of CAD 37.
Alaris Equity Partners Inc. (AD-UN:CA) – Desjardins Securities rates it as Buy with a target of CAD 19.5.
AltaGas Ltd (ALA:CA) – National Bank Financial has an Outperform rating with a target of CAD 31.
Allied Properties Real Estate Investment Trust (AP-UN:CA) – CIBC World Markets maintains a Neutral rating with a target of CAD 21.
Brookfield Infrastructure Partners L.P. (BIP-UN:CA) – National Bank Financial upgrades it to Outperform with a target of CAD 33.
Boralex Inc (BLX:CA) – CIBC World Markets has an Outperform rating with a target of CAD 39.
Bank of Nova Scotia (BNS:CA) – CIBC World Markets maintains a Neutral rating with a target of CAD 64.
Boyd Group Services Inc. (BYD:CA) – Goldman Sachs & Co. downgrades it with a Sell rating and a target of CAD 225.
Centerra Gold Inc (CG:CA) – Scotia Capital maintains an Outperform rating with a target of CAD 7.75.
Centerra Gold Inc (CG:CA) – CIBC World Markets maintains an Outperform rating with a target of CAD 11.
Canadian National Railway Company (CNR:CA) – Scotia Capital maintains a Sector Perform rating with a target of CAD 170.
Capital Power Corporation (CPX:CA) – National Bank Financial has an Outperform rating with a target of CAD 48.
Capital Power Corporation (CPX:CA) – ATB Capital Markets rates it as Sector Perform with a target of CAD 44.
Capital Power Corporation (CPX:CA) – CIBC World Markets maintains a Neutral rating with a target of CAD 43.
Canadian Utilities Limited (CU:CA) – National Bank Financial gives it a Sector Perform rating with a target of CAD 32.
Canadian Utilities Limited (CU:CA) – CIBC World Markets has a Neutral rating with a target of CAD 34.
Dream Office Real Estate Investment Trust (D-UN:CA) – CIBC World Markets maintains a Neutral rating with a target of CAD 11.
Emera Inc. (EMA:CA) – National Bank Financial rates it as Sector Perform with a target of CAD 50.
Emera Inc. (EMA:CA) – CIBC World Markets has a Neutral rating with a target of CAD 53.
Enbridge Inc (ENB:CA) – National Bank Financial has a Sector Perform rating with a target of CAD 48.
Enbridge Inc (ENB:CA) – Raymond James has downgraded its target to CAD 54.
Enbridge Inc (ENB:CA) – CIBC World Markets has an Outperform rating with a target of CAD 56.
Ero Copper Corp (ERO:CA) – CIBC World Markets maintains a Neutral rating with a target of CAD 26.
Fairfax Financial Holdings Limited (FFH:CA) – Morningstar maintains an Underperform rating with a target of CAD 970.
Fortis Inc (FTS:CA) – National Bank Financial gives it a Sector Perform rating with a target of CAD 52.
Fortis Inc (FTS:CA) – CIBC World Markets maintains a Neutral rating with a target of CAD 58.
Gibson Energy Inc (GEI:CA) – National Bank Financial has an Outperform rating with a target of CAD 24.
Gibson Energy Inc (GEI:CA) – CIBC World Markets has an Outperform rating with a target of CAD 25.
Canada Goose Holdings Inc (GOOS:CA) – TD Securities maintains a Market Perform rating with a target of CAD 20.
Canada Goose Holdings Inc (GOOS:CA) – Wells Fargo & Company has downgraded it with an Equal Weight rating and a target of CAD 20.
Granite Real Estate Investment Trust (GRT-UN:CA) – Scotia Capital maintains an Outperform rating with a target of CAD 88.
Hydro One Ltd (H:CA) – National Bank Financial gives it a Sector Perform rating with a target of CAD 34.
Hydro One Ltd (H:CA) – CIBC World Markets has a Neutral rating with a target of CAD 37.
Innergex Renewable Energy Inc (INE:CA) – CIBC World Markets maintains a Neutral rating with a target of CAD 13.5.
Ion Energy Ltd (ION:CA) – Couloir Capital Management initiates coverage with a Buy rating and a target of CAD 0.94.
Keyera Corp (KEY:CA) – Scotia Capital maintains an Outperform rating with a target of CAD 38.
Keyera Corp (KEY:CA) – National Bank Financial gives it a Sector Perform rating with a target of CAD 33.
Keyera Corp (KEY:CA) – CIBC World Markets has downgraded its target to CAD 33.
Lithium Americas Corp (LAC:CA) – Morningstar maintains a Buy rating with a target of CAD 27.
Tidewater Renewables Ltd (LCFS:CA) – CIBC World Markets maintains an Outperform rating with a target of CAD 14.
Largo Resources Ltd (LGO:CA) – H.C. Wainwright rates it as Buy with a target of CAD 12.
Largo Resources Ltd (LGO:CA) – STA Research maintains a Buy rating with a target of CAD 5.
Mullen Group Ltd (MTL:CA) – TD Securities maintains a Buy rating with a target of CAD 18.5.
Mullen Group Ltd (MTL:CA) – STA Research upgrades it to Speculative Buy with a target of CAD 15.
Niocorp Developments Ltd (NB:CA) – H.C. Wainwright rates it as Buy with a target of CAD 12.
Niocorp Developments Ltd (NB:CA) – STA Research maintains a Speculative Buy rating with a target of CAD 6.
Northland Power Inc (NPI:CA) – Morningstar maintains a Buy rating with a target of CAD 31.
Northland Power Inc. (NPI:CA) – ATB Capital Markets maintains an Outperform rating with a target of CAD 32.
Peyto Exploration & Development Corp. (PEY:CA) – CIBC World Markets rates it as Outperform with a target of CAD 18.
Parkland Fuel Corporation (PKI:CA) – ATB Capital Markets has upgraded its rating to Buy with a target of CAD 48.
Parkland Fuel Corporation (PKI:CA) – STA Research maintains a Hold rating.
Parkland Fuel Corporation (PKI:CA) – Canaccord Genuity has increased its target to CAD 50.
Park Lawn Corporation (PLC:CA) – Stifel Nicolaus maintains a Buy rating with a target of CAD 30.
Pembina Pipeline Corporation (PPL:CA) – CIBC World Markets upgrades it to Outperform with a target of CAD 51.
Pembina Pipeline Corporation (PPL:CA) – National Bank Financial gives it a Sector Perform rating with a target of CAD 44.
Restaurant Brands International Inc. (QSR:CA) – RBC rates it as Outperform with an increased target of CAD 121.
Slate Office REIT (SOT-UN:CA) – CIBC World Markets maintains a Neutral rating with a target of CAD 1.5.
Superior Plus Corp (SPB:CA) – National Bank Financial maintains an Outperform rating with a target of CAD 12.
TransAlta Corporation (TA:CA) – National Bank Financial rates it as Outperform with a target of CAD 14.
TransAlta Corporation (TA:CA) – ATB Capital Markets lowers the target.
Tricon Capital Group Inc. (TCN:CA) – RBC maintains a Market Perform rating with a target of CAD 12.
True North Commercial Real Estate Investment Trust (TNT-UN:CA) – CIBC World Markets maintains a Neutral rating with a target of CAD 2.25.
Spin Master Corporation (TOY:CA) – TD Securities rates it as Buy with an increased target of CAD 51.
TC Energy Corporation (TRP:CA) – J.P. Morgan Chase & Co. maintains a Neutral rating with a target of CAD 55.
TC Energy Corporation (TRP:CA) – Morningstar maintains a Buy rating with a target of CAD 63.
TC Energy Corporation (TRP:CA) – National Bank Financial maintains an Outperform rating with a target of CAD 52.
TC Energy Corporation (TRP:CA) – CIBC World Markets maintains an Outperform rating with a target of CAD 53.
TMX Group Limited (X:CA) – TD Securities upgrades the rating to Hold with an increased target of CAD 32.
